How new FDI rules could dent Amazon’s expansion plans in India

Binu Paul

The government’s recent revision of norms related to foreign direct investment (FDI) in e-commerce may scuttle US-headquartered ....

15 January, 2019

Angels invest in PaisaDukan in third seed round; Crofarm secures bridge capital

Binu Paul

Mumbai-based fintech firm BigWin Infotech Pvt. Ltd, which owns peer-to-peer lending marketplace PaisaDukan.com, has raised $235,000 ....

14 January, 2019
ADVERTISEMENT

Myntra CEO Ananth Narayanan steps down, Amar Nagaram takes over

Binu Paul

Ananth Narayanan has quit as the chief executive of Flipkart-owned fashion e-tailers Myntra and Jabong, ending months of speculation. Narayanan ....

14 January, 2019

Cloud kitchen platform Faasos raises venture debt

Binu Paul

Rebel Foods, an internet kitchen platform that owns and operates a number of brands including Faasos and Behrouz Biryani, has ....

11 January, 2019

Co-living space provider Grexter raises pre-Series A funding

Binu Paul

Rental accommodation space provider Grexter has raised $1.5 million (10.5 crore) in its pre-Series A round of funding from incubation ....

11 January, 2019

Reliance Jio deepens fintech play with PoS devices for merchants: Report

Binu Paul

Mukesh Ambani-owned Reliance Jio has reportedly expanded its presence in the fintech space by launching point-of-sale services ....

11 January, 2019
ADVERTISEMENT

WeWork in talks to buy India arm; Talentedge acquires ed-tech firm

Binu Paul

Co-working space provider WeWork is in talks to acquire a majority stake in its India arm, managed by Bengaluru-based property ....

9 January, 2019

Ola may acquire e-pharmacy startup Myra: Report

Binu Paul

After betting on food-tech, ride-hailing unicorn Ola appears to have set its sights on the online pharmacy space amid efforts ....

9 January, 2019

Israeli cybersecurity firm Radware to buy bot management startup ShieldSquare

Binu Paul

Israeli cybersecurity company Radware has agreed to acquire Bengaluru-based bot management solutions provider ShieldSquare. The ....

8 January, 2019

Co-living space provider Zolo raises $30 mn in Series B funding

Binu Paul

Mumbai-based co-living space provider Zolo has raised $30 million (Rs 208 crore) in a Series B round of funding led by private ....

7 January, 2019
ADVERTISEMENT

Zoomcar posts 31% rise in FY18 operating revenue, loss widens

Binu Paul

Self-drive car rental startup Zoomcar India Pvt. Ltd reported a significant rise in operating revenue for the year through March ....

4 January, 2019

After-sales device services startup Servify acquires rival iService

Binu Paul

Servify, a Mumbai-headquartered startup that offers brand-authorised after-sales service for devices, has acquired its Bengaluru-based ....

3 January, 2019

Relief for e-pharmacies as Madras HC stays order banning online sale of medicines

Binu Paul

E-pharmacies have received a boost as the Madras High Court has stayed an order banning the sale of medicines online, according ....

3 January, 2019

Urban Ladder's revenues rise, losses narrow significantly amid offline expansion drive

Binu Paul

Omnichannel furniture retailer Urban Ladder has managed to post a healthy increase in its operating revenues while significantly ....

2 January, 2019

After revised FDI policy, Amazon to seek legal advice on food retail business

Binu Paul

Amazon India is mulling to seek legal opinion on the functioning of Amazon Retail India Pvt. Ltd (ARIPL), the global company's ....

31 December, 2018

Online grocers, food delivery startups face stricter norms

Binu Paul

The Food Safety and Standards Authority of India (FSSAI) has issued revised guidelines tightening scrutiny of e-commerce food ....

28 December, 2018

FabAlley bags Series B funding from SAIF Partners

Binu Paul

Delhi NCR-based High Street Essentials Pvt. Ltd, which owns omnichannel women’s fashion brands FabAlley and Indya, has raised ....

27 December, 2018

AI startup Tranzmeo gets pre-seed funding from state-run refiner

Binu Paul

Tranzmeo IT Solutions Pvt. Ltd has raised pre-seed funding from Hindustan Petroleum Corporation Ltd (HPCL) for its artificial ....

26 December, 2018

Baxi pivots to hyperlocal delivery as bike taxi biz turns unviable

Binu Paul

Gurugram-based startup Baxi has pivoted from employing full-time bike taxi riders to hyperlocal delivery of milk and other daily ....

26 December, 2018

Flashback 2018: Fuelled by enormous investor appetite, food-tech finds its mojo

Binu Paul

The events of the past year have made it amply clear that food-tech is certainly not a winner-takes-all business. Four heavily-funded ....

26 December, 2018

Flashback 2018: Unicorns, Chinese cheques drive buzz in startup ecosystem

Binu Paul

India’s startup ecosystem took a long stride towards maturity this year, as several big-ticket acquisitions and funding ....

24 December, 2018